Tag: impact of gst on real estate

Real Estate has been one of the sectors which was majorly impacted by GST. One of the immediate effects were that the overall cost of construction, and thus the effective real estate GST rates went down in the GST era, due to the availability of…

Introduction Hope the last two blogs have been able to give you a detailed insight about the GST impact on real estate developers and buyers. In this blog, we will visit some aspects of the real estate sector, which will complete our overall understanding of…

Introduction In our previous blog, we read about the impact of GST on real estate developers. Given that the subsuming of multiple indirect taxes, and seamless availability of ITC is bound to reduce costs for the developers, it does translate into a positive impact of…

Introduction The real estate sector is one of the most pivotal sectors of the Indian economy, ranked second only to agriculture. It has an average contribution of 5% – 6% to the Indian GDP, stimulating demand for more than 250 ancillary industries, and playing a…